The Impact of AI on Management Accounting Practices in Brazil

Abstract

This paper explores the impact of artificial intelligence (AI) on management accounting practices in Brazil. Through a quantitative survey of 200 accounting professionals, the study examines the extent of AI adoption and its effects on decision-making processes. Findings indicate that AI enhances data analysis capabilities, improves forecasting accuracy, and streamlines reporting processes. However, the research also identifies challenges related to data privacy and the need for upskilling accounting professionals. The study provides recommendations for organizations to effectively integrate AI into their accounting practices while addressing ethical considerations. This research contributes to the growing discourse on the role of emerging technologies in management accounting.